| 4.2| \*\*Authority; Enforceability; Etc.\*\* 
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(a) \_Authorized\_. Lessee’s execution and delivery of, and performance of its
obligations under and with respect to, each of the Transaction Documents to
which it is a party (including its leasing, possessing and operating the
Aircraft, and participating in the other transactions contemplated herein and
therein), (i) have been duly authorized by all necessary action on the part of
Lessee consistent with its form of organization, (ii) do not contravene or
constitute a default under any Applicable Law, any of Lessee’s Organizational
Documents, or any agreement, indenture, or other instrument to which Lessee is
a party or by which it may be bound, (iii) do not require the approval of or
notice to (A) any Governmental Authority, except for the filings and
registrations specified in the Closing Terms Addendum, all of which shall have
been duly effected, prior to or concurrently with Lessor’s purchasing the
Aircraft, and Lessee’s acceptance of the Aircraft under this Lease, or (B) any
other party (including any trustees or holders of indebtedness), and (iv) will
not result in the creation or imposition of any Lien (except Permitted Liens)
on any of the assets of Lessee other than the Lessor’s Interest created hereby
and by the other Lease Documents with respect to the Aircraft and the
Collateral.